L Capital Announces Investment in Netchex Alongside GrowthCurve Capital
June 7, 2023
Covington, Louisiana | June 2023 L Capital has made a new platform investment in Netchex ( or the "Company”) alongside New York-based private equity firm, GrowthCurve Capital. Founded in 2003 by CEO Will Boudreaux and co-founder Stuart Ethridge, Netchex is a leading provider of human capital management...
L Capital Announces Investment in Nitro Software Alongside Potentia Capital
April 30, 2023
San Francisco, California | April 30th, 2023 L Capital has made an investment in Nitro Software ("Nitro or the "Company"), alongside leading technology-focused private equity sponsor, Potentia Capital. Nitro Software is a cloud-based provider of document productivity software to business customers around the...
L Capital 2022 Year in Review
January 31, 2023
L Capital Announces Investment in G2, LCI, and Fintellix Alongside Stellex Capital Management
December 31, 2022
Chicago, Illinois| December 2022 L Capital has made an investment in G2 Web Services, Inc. (“G2”), Lundquist Consulting, Inc. (“LCI”), and Fintellix India Private Limited ("Fintellix", collectively referred to as the “Platform”) alongside lead sponsor, Stellex Capital Management. The investment was used...
L Capital Completes First Closing for its Fund III, Bringing Total Capital Under Management to Over $115 Million
November 3, 2022
San Francisco, California | October 31, 2022 L Capital recently completed the first closing of its third flagship private equity fund, L Capital III LP (“Fund III”) with total capital commitments of $36 million. The Firm expects to reach their $100 million Fund III target and complete a final closing in 2023...
L Capital Announces Investment in Hodess Cleanroom Construction Alongside Stellex Capital Management
July 31, 2022
New York, New York | July 2022 L Capital Fund II LP has made an investment in Hodess Cleanroom Construction, a leading cleanroom design, engineering, construction, and maintenance platform, alongside lead sponsor, Stellex Capital Management. The terms of the transaction were not disclosed. Based in Attleboro,...
AspenTech Announces Agreement to Acquire Micromine
July 27, 2022
Bedford, Massachusetts | July 2022 Aspen Technology (NASDAQ:AZPN) ("AspenTech'") announced an agreement to acquire Micromine, a global leader in design and operational management solutions for the mining industry, from private equity firm Potentia Capital and other sellers for AU$900 million in cash (approximately...
L Capital Closes Fund II and Fund II Parallel with $54 Million in Commitments
April 1, 2022
SAN FRANCISCO, April 1, 2022 – L Capital has formally closed its second flagship fund, L Capital II LP and L Capital II Parallel LP (together “Fund II”), with $54 million in total capital commitments. Fund II is more than 2.5x the size of L Capital’s inaugural Fund I and takes total firm AUM to $80+...
L Capital 2021 Year in Review
March 1, 2022
L Capital Announces Investment in P3 Peltram Plumbing Holdings Alongside Stellex Capital Management
January 18, 2022
New York, New York | January 2022 L Capital Fund II LP has made an investment in Peltram Plumbing Holdings, a leading plumbing and industrial services platform, alongside lead sponsor, Stellex Capital Management. Stellex has acquired P3 in partnership with the existing management team from an investor group led by...